Early Easter good for hotels

Anna Pakulniewicz

Journalist

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

POLAND Europe’s hotel industry reported increases across the three key performance metrics during April 2018, according to data from STR. Occupancy in Europe rose by 1.5 pct to 73.2 pct, with ADR rising by 2.9 pct to EUR 108.03 and RevPAR up by 4.4 pct to EUR 79.13.

In Poland, occupancy rose by 1.7 pct to 72.3 pct, ADR was up by 5.4 pct to PLN 295.96, RevPAR increased by 7.2 pct to PLN 213.87. Poland saw it highest ADR for the month of April since 2007. STR attribute this strong performance to the fact that Easter came at the beginning of the month, which meant there was less disruption and greater subsequent business demand.

STR used a sample of 60,000 hotels with more than 8.1 mln hotel rooms from around the globe.